Description

BSE suspends trading in JM Financial Credit Solutions Limited debentures from December 4, 2025, due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in specific debentures of JM Financial Credit Solutions Limited effective December 4, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the suspension date.

Key Points

  • Trading suspension applies to JMFCSL 8.80% debentures maturing on December 19, 2025 (Private)
  • ISIN: INE651J07952, BSE Code: 974918
  • Record date set as December 4, 2025
  • No dealings permitted from December 4, 2025 onwards
  • Purpose: Redemption of debentures and payment of interest
  • Notice issued under DR-770/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification following existing BSE procedures for debenture redemptions.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from December 4, 2025
  • Trading members are required to take note of the suspension and communicate to their clients
  • No buy or sell transactions should be executed for ISIN INE651J07952 from the specified date

Important Dates

  • Notice Date: November 24, 2025
  • Record Date: December 4, 2025
  • Trading Suspension Date: December 4, 2025
  • Debenture Maturity Date: December 19, 2025

Impact Assessment

Market Impact: High - Complete trading halt for the specific debenture series affects liquidity and prevents any secondary market transactions.

Investor Impact: High - Debenture holders cannot exit their positions through secondary market sales from December 4, 2025. Investors must hold until redemption on December 19, 2025.

Operational Impact: Trading members need to update their systems to block trades in this security and inform clients holding these debentures about the suspension and upcoming redemption.

Impact Justification

Complete trading suspension for specific debenture series affecting all holders with immediate effect from record date